Hawthorn Duo, 42 Morang Road & 41 Evansdale Road, Hawthorn, Vic 3122

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Block Of Units
Type
30
Bedrooms
20
Bathrooms
24
Parkings
1,677 m²
Area

Last updated on Monday, September 28, 2026 ( See property details for Hawthorn Duo, 42 Morang Road & 41 Evansdale Road, Hawthorn, Vic 3122)

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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and highly developable block of 24 apartments in a prime Hawthorn location with significant future growth potential.

🏡 Property Highlights

  • Prime block of 24 apartments with stable income stream
  • Substantial dual street frontage landholding of approximately 1,677 sqm
  • Potential for development up to 4-6 storeys (STPA) following rezoning to Housing Choice and Transport Zone
  • Excellent location within Melbourne’s sought-after lifestyle precinct, close to amenities and transport
  • All apartments in fair condition with a mix of long-term and new tenants
  • Opportunity for value-add through refurbishment, re-leasing, or unit sell-down

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Balcony
  • Floorboards
  • Alarm system
  • Broadband
  • Ensuite

Hawthorn is a highly desirable Melbourne suburb renowned for its vibrant lifestyle, excellent transport links, and proximity to major amenities. It offers a mix of historic homes and modern developments, attracting professionals, families, and retirees alike. The area boasts top schools, parks, and retail precincts, making it an ideal location for both living and investment. Its strong median house prices reflect its premium status and ongoing growth potential.

What is the current occupancy status of the apartments?
All apartments are currently leased, providing a stable income stream with a mix of long-term and new tenants.
What are the future development possibilities for this site?
Following rezoning to Housing Choice and Transport Zone, the property could achieve height controls of 4 to 6 storeys (STPA), offering significant development potential.
Are there any planning or building restrictions I should be aware of?
Development planning advice from proUrban is available upon request, and current zoning allows for future growth within the specified height limits.
What amenities and transport options are nearby?
The property is within walking distance of major amenities including parks, hospitals, retail, dining, and educational institutions, with excellent tram and train connectivity.
Is there potential for rental uplift or refurbishment?
Yes, there is potential for value-add through refurbishment, re-leasing, or selling units individually to maximise returns.
Are there any existing planning permits or approvals in place for future development? What are the potential costs associated with refurbishing or upgrading the apartments? Are there any easements, covenants, or zoning restrictions affecting the property? Has a recent building inspection been conducted, and are there any structural issues? Are there any upcoming council or community plans that could impact the property or its development potential? What are the strata or body corporate arrangements, if applicable? Is there any history of flooding, bushfire risk, or environmental concerns on the site? Are there any nearby construction projects or developments that could affect the property? What are the ongoing maintenance costs for the existing apartments? Are there any restrictions on future subdivision or redevelopment of the landholding?

Hawthorn Duo, 42 Morang Road & 41 Evansdale Road, Hawthorn, Vic 3122 - More Details

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Stonebridge Property Group, acting under instructions from Charter Keck Cramer, are pleased to present 42 Morang Road & 41 Evansdale Road, Hawthorn, for sale via Expressions of Interest.

42 Morang Road & 41 Evansdale Road, Hawthorn is a prime block of 24 individually titled apartments located moments from Glenferrie Road retail and within the Victorian Government’s proposed Train and Tram Zone Activity Centres Program.

Key highlights of the property include:

- Prime block of 24 apartments, currently leased and presenting a stable income stream

- Building configuration includes 12 x 1-bedroom, 1-bathroom apartments & 12 x 2-bedroom, 1-bathroom apartments, with a total of 24 on-site car spaces

- All apartments present in fair condition, providing a mix of long-term and new tenants

- Potential for value-add and rental uplift through refurbishment/re-leasing of existing flats, or sell down unit by unit

- Three-winged building design allows for all apartments to receive significant natural light

- Substantial dual street frontage landholding of 1,677 sqm*, providing excellent access and future development flexibility

- Recently rezoned to Housing Choice and Transport Zone - Schedule 1 (HCTZ1) under the Victorian State Government Train and Tram Zone Activity Centres Program, the property could achieve height controls of 4 - 6 storeys (STPA)

- Development planning advice from proUrban is available upon request

- Located within one of Melbourne’s most sought-after lifestyle precincts with a median house price of $2,600,000^, which is over 2.6 times higher than the Metro Melbourne median

- Positioned on the treelined Morang and Evansdale Roads with low vehicle traffic and predominantly large residential homes

- Highly desirable location suited to young professionals, down-sizers and retirees, within walking distance of major lifestyle amenities including St James Park (500 m*), Epworth Hawthorn (400 m*), Bunnings Hawthorn (800 m*), Glenferrie Road retail and dining (1 km*), and Swinburne University (1.4 km*)

- Excellent transport connectivity with tram stops along Burwood Road (230 m*) and Power Street (350 m*), and within a short walk of Hawthorn train station (130 m*)

42 Morang Road & 41 Evansdale Road, Hawthorn is for sale via Expressions of Interest closing Thursday 20th August 2026 at 2pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner

0459 396 341

Max Warren

0488 296 892

Chao Zhang

0411 625 068

如需任何中文咨询,请联系我们亚洲业务团队的Chao Zhang 张超,联系电话:0411 625 068,并可随时加他的微信(微信号:chaozeee)。

*Approximately

^ REIV

Property Code: 1768
Type
Block Of Units
Bedrooms
30
Bathrooms
20
Parkings
24
Area
1,677 m²
House Size
1,347 m²

Price guide

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